Part V: Scenario Analysis Use this information to answer questions 31- 34. Suppose BearKat Enterprises management team decides to do a scenario analysis. They want you to calculate the expected NPV, standard deviation, and coefficient of variation for a new project. These are not the NPV's that you calculated earlier). They give you the following data: Best case has a 25% probability and has an NPV of $29 M. Base case has a 55% probability and has an NPV of $12M. Worst case has a 20% probability and has an NPV of -$35M. . . QUESTION 35 What is a real option with a business case analysis? A This is a type of financial derivative, B. This refers to managements ability to reject a project. This is a way to analyze a project that takes into consideration that management can take action after year o, le abandonment, expansion, Investment timing D. This is a way to analyze a project that allows management to change one variable at a time to understand where the risk is in the project etc. QUESTION 36 Both sensitivity analyses and scenario analyses help managers deal with risk True False